508 Old Town Rd Block Island, RI 02807-7849
Property profile & analytics
508 Old Town Rd, Block Island, RI 02807-7849
- Showrooms
- 6,112 SF
- 2.37 lot acres
Property ID
US76-0204064
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Showrooms
Property Details for 508 Old Town Rd
- Year built
- 1825
- Construction
- FRAME
- Lot size
- 2.37 lot acres
- Zone code
- RB
- Property type
- Showrooms
- APN
- BLOC M:17 L:027-02
- APU
- BLOCM17L02702
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 26, 2019 | $1,750,000 | Failte INC | David Morrison | Warranty Deed | $1M · Washington Tr Co |
| Aug 1, 2018 | — | David L Turner | Morrison,david & Lucinda | Quit Claim Deed · related | — |
| Jul 10, 2018 | — | David Morrison | Turner,david L | Quit Claim Deed · related | — |
| Sep 16, 2013 | — | Lucinda Morrison | Morrison,lucinda & David | Quit Claim Deed · related | — |
| May 8, 2012 | — | David Morrison | — | Deed Of Trust · related | $500k · Washington Trust Co |
| Nov 2, 2001 | $1,070,000 | David Morrison | Gunter,monica E | Grant Deed | $650k · First Union Mortgage |
| Nov 2, 2001 | — | David Morrison | — | Deed Of Trust · related | $130k · First Union Mortgage |
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,030,000
- 6.5%
- $950,000
- 7%
- $885,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $970,000
- AI Estimate
- $1,003,000
Market price range: $689k - $1.86MMarket price range: $401k - $2.19M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,250,000 Current use
- OFFICE BUILDING
- $1,070,000 Change: -14% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Block Island
- County
- Washington
- State
- Rhode Island
- Longitude
- -71.5768
- Latitude
- 41.1706
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$9,957
$438,900
$1,364,900
$1,803,800
-
$0.00
$0.00
$0.00